4976 Long Branch Ave. San Diego, CA 92107
Ocean Beach – 4976 Long Branch Avenue, an Eight (8) unit apartment property, comprised of Six (6) one-bedroom/one-bathroom units and Two (2) two-bedroom/one-bathroom units, has sold for the first time in over thirty years, for Two Million Five Hundred and Five Thousand Dollars ($2,505,000).
Joe Burrough of Palma Commercial represented the Buyer, a Los Angeles County-based family trust. Seller and their Agent were also based in Los Angeles County.
Built around 1960, this property features a two-story building with a front common lawn, charming courtyard, laundry on-site, and four off-street parking spaces.
Intimate familiarity and transactional expertise in the Ocean Beach sub-market, coupled with the buyer’s willingness to be aggressive on terms, enabled us to help our client win out in a competitive bidding environment with 12+ offers.
Agent(s) Involved: Joseph Burrough
|Bldg. Size:||4,560 SF|
|Lot Size:||4,778 SF|
|Price/SF of RBA:||$549|
|Price/SF of GLA:||$524|